Is ixhl about to be flagged by nasdak for not meeting listing criteria

**Incannex Healthcare (IXHL) is at risk of non-compliance with NASDAQ's listing requirements.** Here's the analysis to support this conclusion:

1. **Current Stock Price and Market Cap**: As of July 31, 2025, IXHL's closing price is $0.585, representing a significant decline of 33.52%. The market capitalization stands at approximately $7.4 million.

|code|Ticker|Name|Date|Closing Price|market_code|
|---|---|---|---|---|---|
|IXHL|IXHL.O|Incannex Healthcare|20250731|0.585|186|

|code|Ticker|Name|Date|Market Cap|market_code|
|---|---|---|---|---|---|
|IXHL|IXHL.O|Incannex Healthcare|20240731|3.369780912E7|186|
|IXHL|IXHL.O|Incannex Healthcare|20240801|3.405066576E7|186|
|IXHL|IXHL.O|Incannex Healthcare|20240802|3.2392239552E7|186|
|IXHL|IXHL.O|Incannex Healthcare|20240805|3.599137728E7|186|
|IXHL|IXHL.O|Incannex Healthcare|20240806|3.722637552E7|186|
|IXHL|IXHL.O|Incannex Healthcare|20240807|3.563852064E7|186|
|IXHL|IXHL.O|Incannex Healthcare|20240808|3.669709056E7|186|
|IXHL|IXHL.O|Incannex Healthcare|20240809|3.652066224E7|186|
|IXHL|IXHL.O|Incannex Healthcare|20240812|3.475637904E7|186|
|IXHL|IXHL.O|Incannex Healthcare|20240813|3.405066576E7|186|

2. **NASDAQ Listing Requirements**: NASDAQ has specific listing requirements that companies must meet to maintain their listing status. These requirements include a minimum bid price of $1.00, a minimum closing price of $1.00, a minimum market capitalization of $50 million, and a minimum liquidity requirement.
3. **Comparison with NASDAQ Requirements**: IXHL's current stock price and market capitalization do not meet the minimum requirements set by NASDAQ. The company's stock price is significantly below the minimum closing price of $1.00, and its market capitalization is well below the minimum requirement of $50 million.
NASDAQ Listing Requirements
|code|stock code|stock name|Last Price|Last Change|Exchange|market_code|
|---|---|---|---|---|---|---|
|SNGX|SNGX.O|Soligenix|2.93|134.4|NASDAQ|186|
|CPOP|CPOP.O|Pop Culture|1.61|129.508197|NASDAQ|186|
|VRME|VRME.O|Verifyme|1.39|102.594374|NASDAQ|186|
|RCON|RCON.O|Recon Technology|4.5|65.441176|NASDAQ|186|
|ELWS|ELWS.O|Earlyworks|5.6|51.761517999999995|NASDAQ|186|
|LXEH|LXEH.O|Lixiang Education|2.12|51.428571|NASDAQ|185|
|NEGG|NEGG.O|Newegg Commerce|63.79|41.850122|NASDAQ|186|
|NVNI|NVNI.O|Nvni Group|0.6618|34.512195|NASDAQ|186|
|SLXN|SLXN.O|Silexion|14.94|31.978799000000002|NASDAQ|186|
|APLD|APLD.O|Applied Digital|13.14|31.006979|NASDAQ|185|

4. **Potential Consequences**: If IXHL fails to meet NASDAQ's listing requirements, the exchange may initiate delisting proceedings against the company. This could result in the suspension or termination of trading in IXHL securities on NASDAQ.

In conclusion, based on the current stock price and market capitalization of Incannex Healthcare, the company is at risk of being flagged by NASDAQ for not meeting the listing criteria. Immediate attention should be given to addressing this issue to avoid potential delisting.